The Special Investigating Unit (SIU) has obtained a preservation order from the Special Tribunal to freeze the luxury property worth R27 million in Wonderboom, Pretoria, which belonging to Vhutanda Investment, whose sole director is the former lottery boss, Alfred Nevhutanda.
The property, valued at R27 million is situated at a lavish two-hectare estate in Pretoria, was allegedly bought with money stolen from the National Lotteries Commission.
“Vhutanda Investments allegedly purchased the property for approximately R27 million in 2018 with money from the National Lotteries Commission (NLC),” the unit said.
“At the time of the acquisition of the property, Professor Nevutanda was both the director of Navutanda Investments and the chairman of the board of the NLC.”
The property located two kilometres from Wonderboom Airport, has six bedrooms and six bathrooms and four garages. The 2 300 sqm mansion has dotted palm trees and a swimming pool with a fountain and extensive shaded lawns. The property is surrounded by a high wall with an electronic fence.
The SIU said in a statement: “The property is now under the care of a curator. The SIU will institute civil proceedings within 60 days, which seeks to review and set aside the decisions by the NLC to approve funding for War_Rna NPO, Inxaba Yokulinda, Mushumo Ushava Zwanda, Simingaye Community Project NPO and Zibsilor NP, and recover financial losses suffered by the state.”